COVID-19 Global Executive Briefing - Driving Business Continuity April 20, 2020 - IQVIA.com
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COVID-19 Global Executive Briefing Driving Business Continuity April 20, 2020 © 2020. All rights reserved. IQVIA® is a registered trademark of IQVIA Inc. in the United States, the European Union, and various other countries.
Agenda + Spread of COVID-19 + Perspective on COVID-19 treatment paradigm + Business impact and continuity for R&D + Business impact and continuity for Rx Demand + Business impact and continuity for Launch + Looking forward 1
COVID-19 Briefing Speakers Murray Aitken Jeffrey Spaeder, M.D. Senior Vice President, IQVIA and Chief Medical and Executive Director, IQVIA Institute Scientific Officer for Human Data Science Jeffrey.Spaeder@iqvia.com Murray.Aitken@iqviainstitute.org Richard Staub Jon Resnick Alistair Grenfell President, Research and President, United States President, Europe, Middle Development and Canada East, Africa and South Asia Richard.Staub@iqvia.com Jon.Resnick@iqvia.com Alistair.Grenfell@iqvia.com IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 2
Rapid expansion COVID-19 spread rapidly to more than 200 countries with varying national impact Cases are expanding rapidly worldwide Number of active cases globally (Feb – Future) As of April 21, 2,402,250 confirmed cases, 163,097 deaths, 213 countries, areas or territories with cases Assumes continuation of current mitigation strategy. Interpret with caution. Source: JHU, CSSE, https://systems.jhu.edu/research/public-health/ncov/, as of April 17, 2020. Source: WHO, https://www.who.int/emergencies/diseases/novel-coronavirus-2019, as of April 16, 2020. Source: IQVIA Institute for Human Data Science, AI Dynamic SEIR Model simulates the number of active COVID-19 cases, April 17. IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 3
Local variation Simulations highlight the need to understand local variability Number of predicted active* COVID-19 Cases per 100k population Italy US Assumes continuation of current mitigation strategy. Assumes continuation of current mitigation strategy. Interpret with caution. Interpret with caution. *Active cases are those confirmed diagnosed cases, excluded those that have recovered or died. Source: IQVIA Institute for Human Data Science, AI Dynamic SEIR Model illustrates a simulation of the number of active COVID-19 cases, April 17. IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 4
China re-emerges using technology Indicators show a return of activity, although still isolated • >90% manufacturing reopened outside Hubei, 49.3% in Hubei • Pharmaceutical, chemical and electronics industries have recovered Manufacturing to ~70% of original capacity • Government has taken actions to stimulate the economy, including low interest loan, tax subsidy and deferral Re-opening enabled • Service sector has recovered to 67% of level seen in 2019 Q4 by significant lock- nationwide, ~30% in Wuhan down measures and Commerce • 90% of supermarkets, retail stores, restaurants and hotels have re-opened nationwide aggressive digital tracking and tracing • Nearly 100% of cross-state highways reopened and 80% local traffic resumed nationwide • Other than Wuhan, Hubei unblocked all Transportation communities on Mar 18th Source: National Health Commission IQVIA analysis; Public News IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved.. © IQVIA 2020. All rights reserved. 5
COVID-19 trial progress to date Significant increase in actual and planned starts since January Cumulative - Actual Trial Starts, Cumulative - Actual and Anticipated Trial January 1 – April 1, 2020 Starts, January 1 – April 1, 2020 500 500 450 450 400 400 350 350 300 300 250 250 200 200 150 150 100 100 50 50 0 0 Actual Trial Start Actual and Anticipated Trial Starts Source: Trialtrove Pharma Intelligence. April 8, 2020; IQVIA Institute. April 14, 2020 Notes: Clinical trials Phase I through IV. Includes interventional trials. Terminated trials were removed. Includes both academic, government, and industry sponsored trials IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 6
Academics (361) Federated model to development Governments (15) Co-op groups (143) Accelerates timing, albeit creates complexities Study Randomized (369) funding Industry sponsors (105) Open label Adaptive (18) (237) Planned (338) Study Active (271) designs 150 Multi-arm (367) Placebo (105) products Stage Single arms (69) Real-world Federated comparator Approach: Length of 625 trials Closed / hospitalization (15) complete (16) It normally takes a decade, sometimes even more, to develop a vaccine but obviously we are in an unprecedented Change in O2 situation, the need is incredibly urgent. saturation (54) Endpoints We are partnering with regulators to try US (65) and go as fast as we safely can." Emma Walmsley Geography CEO GSK Mortality (49) China Europe (80) Pulmonary (305) Safety (32) function (17) Source: AdisInsight; Trialtrove Pharma Intelligence. April 8, 2020; IQVIA Institute. April 14, 2020. Notes: Drugs were counted within programs; Repurposed investigational medicines includes one registrational product. Clinical trials Phase I through IV. Multi-country (515) Includes interventional trials. Terminated trials were removed. Includes both academic, government, and industry sponsored trials IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 7
Known targets accelerate R&D Diverse set of therapies being investigated to treat COVID-19 Starting with what we know Targets for clinical research Categorization of treatments being pursued: based upon: Prevention of infection 1. Experience from SARS outbreak o Vaccines 2. Scientific insights specific to o Post-exposure prophylactic therapy for individuals at high risk coronaviruses since SARS outbreak Viral inhibition 3. Downstream inflammatory pathways o Anti-viral therapies o Plasma-derived therapy Immune modulation o Mitigation of over-expressive immune response IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved.. 8
Treatment options fit together Multiple therapies under development offer valuable alternatives Severity of illness Vaccine for Serum- population High risk individuals Immune derived Rx (Prophylactic treatment) modulation Viral inhibition Symptom treatment Patient infected with Immunity SARS-CoV-2 Mild / Moderate Moderate / Severe symptoms symptoms Healthcare providers (Prophylactic treatment) Serology testing IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 9
Regulatory response Near term regulatory accommodation, potential for permanent paradigm change • Participant-based risk assessments General • Urgent safety measures always paramount • Optimal use of central and remote monitoring programs Monitoring • Use of remote source data verification Regulatory guidance on conducting clinical research • Assessment of what is in best interest of subjects in setting of Subject rights • Alternative secure delivery methods COVID-191 and safety • Virtual ways of obtaining consent • Documentation of protocol deviations, missing data and changes in study conduct Data integrity and • Modifications to trial statistical analysis and consequences of missing data documentation • Over-communication of all study changes to investigator sites, IRB/ECs and regulatory authorities 1The MHRA, FDA, EMA, and PMDA have provided consistent guidelines. IQVIA’s guidelines were created in alignment with the principles included in the regulatory guidance. IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 10
Post COVID-19 clinical needs Sequelae may create additional, serious medical conditions Potential long-term complications of COVID-19 infection may include: • Heart failure • Pulmonary fibrosis • Renal insufficiency • Exocrine insufficiency • Neuropsychiatric impact Source: https://arxiv.org/ftp/arxiv/papers/2003/2003.12773.pdf IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 11
Broad business impact Business continuity planning depends on depth and length of disruption R&D Rx demand Launch IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 12
Quick response to R&D site disruption Agility is possible with technology infrastructure % of sites with no CRA visits permitted Virtual Days on Site EMEA 74% 61% Remote Days on Site USA/CAN USA/CAN APAC 88% 94% LATAM APAC EMEA LATAM Dec Jan Feb Mar Apr Source: IQVIA Internal Trial Analysis. Data as of April 14th, 2020 IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved.. 13
R&D planning adaptation Virtualization of R&D processes to manage integrity of ongoing trials R&D planning to drive business continuity Trial operations Trial design ✓ Initiate digital methods for site ✓ Re-evaluate site and country selection selection / start-up considering new levers: geographic ✓ Implement remote monitoring impact, technology readiness, built-up site demand, timing of site access ✓ Execute risk-based monitoring strategy ✓ Plan for virtual / hybrid trials as site- less options become possible IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 14
CASE STUDY Phase 3 Maintaining R&D momentum Multiple Sclerosis Adjusting approach for start up activities Challenge Maintain site selection momentum during COVID-19 pandemic outbreak Response Proactively leverage existing solutions – ~700 sites to be telephonically selected Remote site training implemented for immediate enrollment as restrictions lift 120 increase % Results After 5 weeks, team is ahead of schedule by 44 sites Case study is for illustrative purposes only. Results may vary. IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 15
CASE STUDY Phase 2b Rapid response Study Continuity Patients first approach enabled rapid response to ensure study continuity Challenge • Highly complex and challenging study with many assessments that needed to be conducted at a physical site • Due to COVID-19, patients cannot travel to sites and sites 2 office-based patient cannot perform all assessments assessments removed Response Protocol simplification – Reassessed the protocol and removed study activities that were not critical Patient diaries – Moved to electronic patient reported outcomes (eCOA) for electronic diary entries 1 week to convert to Drug delivery and lab assessments – Implemented drug electronic diaries delivery and home-health services for at-home administration and lab draws Results Remote visits – Pushed to telehealth visits to ensure continuity of contact between site and patient 47 home visits completed Rapid response ensured study continuity IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 16
Broad business impact Business continuity planning depends on depth and length of disruption R&D Rx demand Launch IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 17
Rx market slows after initial stockpiling Fewer visits, less prescribing, more affordability issues TRx Volume YoY - Italy TRx Volume YoY - US 40 2019 2020 100 95 36 90 Millions Millions 32 85 80 28 2019 2020 75 24 70 1/13 1/20 1/27 2/10 2/17 2/24 3/16 3/23 3/30 4/13 1/6 2/3 3/2 3/9 4/6 Source: IQVIA National Prescription Audit (NPA). Week ending 4/10 based on Sat-Wed vs prior week retail only IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 18
Lasting impact of COVID-19 Global trends, US examples Shift to Physician Affordability digital strain and access >1500% 80% >20% Increase in telehealth claims from Clinicians report “severe” or “close- Increase in copay card claims in pre-COVID baseline to-severe” financial strain on second week of March vs. 2019 practice ~3-4x 72% ~10 to 25% Increase in remote detailing from Reduction in Dx visits from pre- Anticipated increase in 2020 baseline, led by specialty COVID baseline, creating significant Medicaid enrollment vs. 2019 healthcare backlog Source: IQVIA Medical Claims Data, IQVIA National Prescription Audit, IQVIA Formulary Impact Analyzer, IQVIA BrandImpact HCP Network (~3500 unique HCPs) IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 19
Actions to support ongoing Rx demand Multiple approaches needed to stabilize Rx demand Health system support HCP engagement Patient experience Identify new ways to support health Move forward with proven virtual Reassess and understand the systems during and post-COVID engagement approaches and plan new patient journey (e.g., backlog management) for return to in-person detailing Enhance offerings to support Explore alternate sites of care for Rethink physician targeting patients through services and therapy administration and segmentation financial assistance Accelerate value-based Optimize omnichannel Develop mobile health strategy evidence demonstration promotion approaches to address patient adherence and engagement IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 20
CASE STUDY Health system Addressing healthcare system challenges support Expanding care capacity for COVID patients Challenge Virtual care assistant Current HCPs and facilities extremely burdened, unable to screen or provide care for less severe COVID-19 patients Response Developed virtual care solution to: • Evaluate potential symptoms based on CDC guidelines • Enable risk-based escalation to RNs for additional care assessment as needed • Allow continued monitoring of those who have been exposed or diagnosed Results Ongoing monitoring Registered Nurses • Efficient, cost-effective and data-driven approach to help monitor COVID-19 patients, while also limiting additional population exposure IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 21
Remote detailing accelerates Global markets show varying readiness for e-detailing models Week of 12 Apr 2019 vs week of 12 Apr 2020 – % Change in absolute recorded promotional volume 600 583 E-detailing and e-meetings 550 Other remote methods (phone, postal, e-mailing) 500 F2F 450 256 % Change 250 200 146 150 100 34 46 50 21 14 2 0 -50 -12 -40 -57 -100 -65 -63 -83 -85 -81 -80 -96 China Korea Italy Japan US Spain France Germany UK Net change in promotional activity -14% -28% -76% -2% -23% -70% -51% -15% -27% Source: IQVIA Channel Dynamics, April 12 IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 22
CASE STUDY Remote Engagement model changes Detailing Remote interactions with e-Reps Challenge Duration 14 minutes 129 Current COVID-19 situation where medical reps cannot visit Average duration of the remote Active medical reps; 100 active HCPs face to face anymore interactions reps per day as an average Response 5,000 6,000 Quickly implemented technology and training to KPIS Remote calls Participants allow medical reps to perform remote detailing calls to replace their face to face calls 4 calls 30% Results Of remote calls performed Per day and per rep on Monday and 35% as an average Strong performance on KPIs between 9 and 11 AM • After 3 weeks, medical reps have already performed ✓ Platform enables compliant environment 5,000 remote calls (4 remote calls per rep and per day Key ✓ Change management training critical as an average) learnings ✓ Focus on patient support, in addition to • 22 contents have been used and 7 contents represent product and medical information 80% of the usage *Source: IQVIA BrandImpact HCP Survey IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 23
CASE STUDY Providing direct patient assistance EU Response Pharma call centers to support patients and provide leverage for health systems Challenge Original Model Patients are unable to reach their physicians who have been called into service for COVID-19 response Response Quickly stand-up call centers for patients to call directly into manufacturer to triage product questions New Model Ensure compliance with EU and local privacy and regulatory environment ✓ Increase direct connections to patients Results Key in times of HCP strain learnings ✓ Proactively evolve patient support beyond 96% patient satisfaction; ongoing efforts to highlight role Tx initiation to ongoing management of manufacturer as support for patients and health systems *Source: US IQVIA Case Study MS Call Center IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 24
Broad business impact Business continuity planning depends on depth and length of disruption R&D Rx demand Launch IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 25
Launch segments Variable demands across launch segments 109 products 50+ products 340+products Recently launched in 2018-2019 Ready to launch in 2020 Future launch in 2021-2028 • Early stakeholder traction • Approved or filed • Not yet filed • Field teams in place • Field teams prepped • Finalizing positioning • Delivering messages • Market shaping in progress • Finalizing launch plans • Varying challenges in • Medical education in progress • Preparing organization patient acquisition • Early access discussions IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 26
Launch disruptions Neutral long term impact of current launches; yet concern for recent launches Timeline Recently Launched Ready to Launch Future Launch 2018-2019 2020 2021-2028 [109 Products] [50+ Products] [340+ Products] 6 4 2 2020-2028 Growth $US (B) -$10B 0 cumulative -2 impact -4 Driven by recent / current launches -6 underperformance -8 2020 2021 2022 2023 2024 2025 2026 2027 2028 Net impact -3.6B -5.5B -2.6B -1.4B -5.4B -0.3B +5.0B +1.6B +2.1B Source: IQVIA Institute Analysis IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 27
Post COVID-19 launch plans Prioritize launches, drive virtualization to navigate logjam Re-prioritizing investments across portfolio of launch assets will be critical based on revised market expectations and product differentiability FUTURE LAUNCH PRODUCTS READY TO LAUNCH PRODUCTS • Devise risk mitigation strategies • Make product available, selectively choose • Develop virtual platforms for to execute full launch activities engagement • Prepare for asymmetric geographic launch • Prepare for logjam and focus on • Utilize in market presence to listen and learn creative approaches to drive • Execute scalable, virtual solutions; apply a engagement local level response RECENTLY LAUNCHED • Rebalance key in-market activities (e.g., access, education, market development) • Time promotional investment to access changes and sensitivities of patients / HCPs • Tailor programs to patient and Time Minus Launch Time 0 Launch community needs 28 IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved.
CASE STUDY Virtual Launch Virtual launch Planning Agile launch plans to meet stakeholder needs Challenge 8.5 Small EBP is trying to determine if they should 7.5 launch or wait given environment and limited access to physicians and patients 6.5 Original launch Investment Response 5.5 Virtual thought-leader identification and 4.5 engagement 3.5 New launch with virtual KOL Integrating omnichannel marketing with 2.5 telehealth data 1.5 Results Time 1 Time 2 Time Planned virtual launch given benefit of oral therapeutic option IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 29
Moving ahead: What if? Predefined New approach Fewer large More virtual Global, pan- sub- to healthcare and in-person patient-HCP healthcare, populations data meetings interactions collaborations Create consistency for Plan for new data, Adapt to new ways to Supplement Manage new rules, more value study privacy approaches, share scientific, in-person visits approaches, and risks comparisons analytic capabilities commercial insights (e.g., Dx, compliance) across parties IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 30
Appendix 31
Disclaimer The analyses, their interpretation, and related information contained herein are made and provided subject to the assumptions, methodologies, caveats, and variables described in this report and are based on third party sources and data reasonably believed to be reliable. No warranty is made as to the completeness or accuracy of such third party sources or data. As with any attempt to estimate future events, the forecasts, projections, conclusions, and other information included herein are subject to certain risks and uncertainties, and are not to be considered guarantees of any particular outcome. IQVIA reserves all rights relating to reproduction, quotation, broadcasting and publication. No part of this presentation may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without express written consent of IQVIA. Copyright © 2020 IQVIA. All rights reserved. IQVIA® is a registered trademark of IQVIA Inc. in the United States and various other countries. IQVIA COVID-19 Executive Briefing. © IQVIA 2020. All rights reserved. 32
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